​West Brom could sanction the January departure of highly rated young full back Nathan Ferguson over fears he could leave for a cut-price deal next summer, amid interest from Tottenham and Crystal Palace.

Ferguson's current deal expires next year and, should the Baggies keep hold of him until then, they could risk losing the highly-rated youngster for as little as £300k.

Adam Armstrong,Nathan Ferguson

The Wallsall-born player has been with ​West Brom his whole career, having risen through the club's youth ranks as well as being a regular fixture in the England Under-20 setup. This season has been a breakthrough campaign for the 19-year-old though, featuring 13 times in the Championship as Slaven Bilic' side sit top of the table after 16 matches.

Such has been the impressive form of Ferguson, that ​Premier League sides have been put on red alert, with London duo ​Spurs and ​Palace keeping tabs on the defender's progress.

Tottenham failed to replace Kieran Trippier - who joined Atletico Madrid over the summer - with Serge Aurier and Kyle Walker-Peters both looking unlikely to hold down the starting berth for the long-term. 

According to the ​Mail, Spurs see Ferguson as the perfect solution to that issue, while Palace are keen on replacing Aaron Wan-Bissaka, who they sold to Manchester United during the summer.

Both those sides may get their wish sooner than anticipated, as West Brom are exploring the possibility of cashing in on the right-back before losing him next summer for a considerably smaller fee.

The reason for the minimal £300k fee is due to certain FIFA guidelines. West Brom would only be entitled to training compensation of the aforementioned amount if Ferguson made a cross-border transfer, something the club feel the full-back would look to do upon completion of his current deal.

West Brom lost exciting youngster Louie Barry in similar circumstances last summer, with the forward joining Barcelona for a mere £235k after he turned down a professional contract with the Baggies.